Bitcoin is following a predictable pattern. Here is what that pattern suggests will happen next

2013–2014: After the 2012 halving, BTC ran from around $12 to over $1,000 in 2013. Then it crashed about 85% through 2014. Most people declared it dead. It bottomed in early 2015. Two years later, it was over $19,000.

2017–2018: After the 2016 halving, Bitcoin exploded from under $1,000 to nearly $20,000 in 2017. Then it fell about 84% in 2018. Sentiment was terrible. It based for months. By late 2020, it broke its old high — and eventually ran to $69,000 in 2021.

2021–2022: After the 2020 halving, BTC ran to $69,000. Then it dropped about 77% through 2022. Again, headlines said crypto was over. It bottomed late 2022. Two years later, it made a new all-time high in 2024.

Now fast forward:
2024 halving → new all-time high in October 2025 (~$125K) → 2026 correction phase.

If this cycle follows the historical rhythm, the expectation would be roughly this: the peak occurred in October 2025, and major Bitcoin drawdowns have historically taken about 12 months to fully bottom. That would place a likely bottoming window somewhere in late 2026 or early 2027. After that, prior cycles show 3–6 months of sideways consolidation before a steady recovery phase begins.

From there, new all-time highs have historically arrived about 2–3 years after the bottom. If that structure holds, 2028–2029 would be the window where a new expansion cycle could push Bitcoin beyond its 2025 highs. Nothing is guaranteed — macro conditions and liquidity always matter — but based purely on historical cycle timing, crashes have been followed by rebuild phases, and rebuild phases have eventually led to new highs.